https://www.taxtmi.com/caselaws?id=312730 The Punjab and Haryana HC dismissed a petition challenging the condition imposed by Additional Sessions Judge, Gurugram requiring deposit of 20% of compensation amount for suspending sentence in a cheque dishonour case. The Court held that the compensation amount (half of cheque value) was reasonable and the 20% deposit requirement was mandatory per Supreme Court precedent in Surinder Singh Deswal case. The Court emphasized that Section 148 amendment aims to expedite cheque dishonour proceedings and prevent misuse of procedural delays by unscrupulous drawers. The petitioner was directed to deposit the amount within 60 days, extendable by 30 days. en-us Fri, 11 Aug 2023 00:00:00 +0530 Tue, 05 Mar 2024 08:55:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=312730 The Punjab and Haryana HC dismissed a petition challenging the condition imposed by Additional Sessions Judge, Gurugram requiring deposit of 20% of compensation amount for suspending sentence in a cheque dishonour case. The Court held that the compensation amount (half of cheque value) was reasonable and the 20% deposit requirement was mandatory per Supreme Court precedent in Surinder Singh Deswal case. The Court emphasized that Section 148 amendment aims to expedite cheque dishonour proceedings and prevent misuse of procedural delays by unscrupulous drawers. The petitioner was directed to deposit the amount within 60 days, extendable by 30 days. Case-Laws Indian Laws Fri, 11 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=312730